Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
30,220 total articles
Cursor's run-rate revenue reached $3 billion in late April, up from $2 billion in February, driven by more than 3,000 enterprise customers paying at least $100,000 annually. The AI coding software firm released Composer 2.5 this week and remains subject to an agreement that gives SpaceX the right to buy the company for $60 billion or pay a $10 bill…
Goldman Sachs has agreed to a $500 million settlement with a class of shareholders who accused the bank of misleading investors about its involvement with 1MDB. The amount was disclosed in a Manhattan federal court filing and requires judicial approval. The settlement follows prior government penalties and criminal probes tied to the 1MDB scandal.
Zoom Communications raised its fiscal 2027 revenue and adjusted EPS guidance and approved an additional $1 billion share repurchase program, citing stronger demand tied to newly integrated AI agents and companions. The company posted first-quarter revenue that beat expectations, while its second-quarter guidance sits marginally below some analyst e…
Shares of Peloton Interactive and Universal Technical Institute climbed in after-hours trading after S&P Dow Jones Indices announced their inclusion in the S&P SmallCap 600. The changes take effect prior to the opening on May 27, with Peloton replacing Enviri Corp. and Universal Technical Institute taking the slot held by Veris Residential. The mov…
Mexican stocks closed lower on Thursday, driven by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. The S&P/BMV IPC ended the session down 0.74% while a handful of names outperformed and others posted notable declines. Market breadth was negative and key commodity and currency benchmarks showed modest changes.
A syndicate of Wall Street banks led by JPMorgan has enlarged a loan package for Warner Bros Discovery to exceed $10 billion as the company moves to refinance debt in advance of a planned merger with Paramount Skydance. The U.S. dollar term loan was raised to $9 billion from $5 billion while a 1 billion euro facility remains unchanged. The financin…
Colombia's stock market closed higher on Thursday, led by gains in Industrials, Services and Agriculture. The COLCAP index finished up 0.55%, with Grupo Aval Pref, Bancolombia Pf and Grupo de Inversiones Suramericana Pref among the top performers. Cementos Argos, Grupo Bolivar and Celsia registered notable declines. Commodities and currency moves w…
Seer Inc. shares declined 2.3% in after-hours trading following a unanimous board decision to reject a revised unsolicited acquisition proposal submitted on May 14, 2026. The offer, from Bradley L. Radoff, Michael Torok and certain affiliates associated with the Radoff-JEC Group, proposed $2.40 per share in cash plus a contingent value right. Seer’…
WhiteFiber Inc. (NASDAQ:WYFI) shares climbed 11.3% in after-hours trading Thursday after the company disclosed a five-year engagement to supply AI compute infrastructure to an investment-grade technology customer. The agreement, worth more than $160 million over five years, calls for service to begin in July 2026 in the Paris region using advanced …
Russian equities ended the trading day higher, with the MOEX Russia Index rising 0.95% at the close in Moscow. Advances were concentrated in the Oil & Gas, Power and Mining sectors. Individual movers included VK Company, Moskovskiy Kreditnyi Bank and Aeroflot among the top gainers, while United Company Rusal and Rosneft were notable decliners. Mark…
Immuneering Corporation's stock climbed in after-hours trading following updated Phase 2a results for its pancreatic cancer regimen combining atebimetinib with modified gemcitabine/nab-paclitaxel. The expanded data set shows a 17.3-month median overall survival among 55 first-line metastatic patients and a safety profile consistent with prior repor…
Ross Stores increased its full-year comparable sales and earnings per share guidance after reporting a strong first quarter marked by a 17% jump in comparable-store sales and a profit of $2.02 per share. Management cited broad gains in customer counts across income levels, ethnicities and ages, keeping momentum for the off-price channel even amid l…
Akari Therapeutics saw its stock jump 50% in after-hours trading after releasing preclinical results that show its lead TROP2-targeting ADC, AKTX-101, produces synergistic cell killing when combined with the KRAS inhibitor adagrasib in pancreatic cancer cell lines carrying KRAS G12D and G12C mutations. The findings, presented in an abstract for the…
The Canadian Radio-television and Telecommunications Commission has finalized rules under the Online Streaming Act requiring online streaming platforms, including Netflix and Spotify, to allocate 15% of their domestic annual revenues to Canadian content. Traditional broadcasters face a lowered minimum contribution of 25% of domestic revenues. The r…
Bird Construction Inc. is preparing to enter the corporate bond market for the first time, aiming to raise about C$250 million (roughly $181 million) through a five- to seven-year debt offering, according to people familiar with the matter. The move follows a recently announced long-term construction partnership with BCE Inc. to build data centers,…
After the market closed, a number of companies across software, retail, consumer goods, gaming and communications posted results or released corporate updates that pushed their shares higher. Notable moves included Workday, Ross Stores, Estée Lauder, Deckers, Take-Two Interactive, Zoom and Webull Corp, with gains driven by earnings beats, margin an…
GE Vernova Inc. has signed a definitive agreement to acquire Robotech Automation, a private robotics and automation systems integrator based near Montreal, Quebec. The roughly 35-person firm provides customised automation solutions through in-house design, engineering and integration supported by a network of manufacturing partners. GE Vernova said…
U.S. stock indexes closed higher on Thursday, with the Dow Jones Industrial Average reaching a new record. Gains were concentrated in the Telecoms, Utilities and Basic Materials sectors, while notable swings in individual large-cap and mid-cap names produced a mixed outcome across the S&P 500 and Nasdaq Composite.
Brazil's main stock index closed modestly higher, propelled by gains in Financials, Basic Materials and Industrials. While the Bovespa rose 0.17%, individual movers ranged from double-digit declines in some names to multi-percent gains in others. Volatility as measured by the CBOE Brazil ETF Volatility fell sharply, while commodities and FX showed …
On May 21, Take-Two Interactive projected fiscal 2027 bookings of $8.0 billion to $8.2 billion, below analysts' average estimate of $9.10 billion. The company reiterated a November 19 release date for Grand Theft Auto VI, and its shares climbed about 6% in extended trading. Take-Two reported fourth-quarter bookings of $1.58 billion, narrowly beatin…
On May 21 the two firms announced they have stopped talks about a possible merger that had been exploring the creation of a leading premium beauty group. The proposed tie-up had been discussed since March and would have brought iconic fragrance and cosmetics labels together under a single roof while giving Estee Lauder expanded access to Puig’s per…
Lockheed Martin has begun construction of an 87,000-square-foot Munitions Production Center, Building 47, at its Troy, Alabama campus. The new facility will host production lines for THAAD and Next Generation Interceptor missiles and is expected to significantly expand manufacturing capacity and create new jobs. The build is part of an $8 billion t…
Estee Lauder shares jumped 12% in after-hours trading following the announcement that talks with Puig over a potential business combination have been terminated. The beauty group reaffirmed its commitment to the Beauty Reimagined strategy, outlined a One ELC operating model to accelerate innovation and scale winners globally, and said it will conti…
Hims & Hers Health Inc. (NYSE:HIMS) saw its share price rise after announcing the availability of generic semaglutide for eligible Canadian customers. The company is offering personalized care plans beginning at CAD 149 per month that combine medication access with ongoing support from a Care Team and guidance on nutrition and lifestyle. The produc…
Cummins shares slid roughly 4.7% in afternoon trading after a jury found the company liable for misappropriating trade secrets, while a new $3.23 billion shelf registration and subsequent analyst downgrade and reports of insider selling amplified investor concern. Those company-specific developments eclipsed the firm’s 2026 Analyst Day, where manag…
